In August 2022, Mukesh Ambani gave his daughter Isha Ambani the reigns of the business. Isha Ambani has been rapidly growing and expanding Reliance Retail ever since.
Currently, Mukesh Ambani holds the title of Asia’s richest man, with an enormous net worth of Rs 963570 crore. Reliance Retail, one of Reliance Industries’ best-performing companies, is run by his daughter Isha Ambani. For those who do not know, Reliance Industries has a market capitalization of Rs 1971000 crore, making it the most valuable corporation in India. Isha Ambani’s Reliance Retail, valued at more than Rs 820000 crore, has expanded dramatically over the last 12 months. The company just introduced Nails Our Way, a new private-label brand to keep up the fast pace. As the name implies, Nails Our Way, a brand under Reliance Retail’s Tira Beauty, will provide various nail care and color options.
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The new brand of Isha Ambani’s Reliance Retail will be offering nail colors in four collections – Gel Well, Swift Dry, Breathe Away, and Treat Coat. Along with the nail colors, the brand will offer nail care solutions including the No Bump Base, Cuti Care, and Toughen Up formulas.
Mukesh Ambani handed over the reins of the company to his daughter Isha Ambani in August 2022. Since then, Isha Ambani has been aggressive with the growth and expansion of Reliance Retail. Currently valued at over Rs 820000 crore, Isha Ambani-led Reliance Retail has partnered with several major brands in the previous year.
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For those who are unaware, Tira has been co-founded by Bhakti Modi, daughter of Mukesh Ambani’s close aide. Tira is overseen by Isha Ambani and it competes against the likes of Nykaa, Tata Cliq Palette, Myntra, and others. For its promotion during the launch, Tira hired Kareena Kapoor, Kiara Advani, and Shah Rukh Khan’s daughter Suhana Khan as its brand ambassadors.
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